A site dedicated to providing credit unions with relevant news and information related to security and information technology.
Friday, May 1, 2015
Forrester estimates that broad EMV chip adoption is half a decade away
Forrester Research predicts that “broad adoption” of plastic EMV chip-and-signature and chip-and-PIN payments in the U.S. will take several years, despite the looming fraud liability shift taking effect in October.
In a new report (PDF)published this week, called “Prioritize Tokenization to Secure the Payment Chain,” co-authors Andras Cser, Ed Ferrara and John Kindervag, said that widespread EMV adoption wouldn't occur until 2020.